Oil markets are tense again as trouble around the Strait of Hormuz raises fresh questions about oil flows and jet fuel costs. Earlier fuel spikes already pushed airline names lower and left prices looking more attractive across the group. That kind of pressure has pulled more focus back to airlines and made any move from inside the executive suite feel a lot more important.
Delta Air Lines (DAL) is now front and center after Chief of Operations John Laughter recently cut more than 21% of his personal stake. This move came after the stock climbed back above its 200-day moving average. The executive's sale has sparked a fresh debate about whether this latest rally in DAL stock still has room to run.
